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22 December 2024 | 9 replies
It will be a little trying for 6 units to use - they're slower because they do both washing & drying - but that would be way better than expecting tenants to drag wet laundry around.
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30 December 2024 | 18 replies
If anyone is willing to share their experiences, advice, or point me towards resources that could help in understanding the market better, I would be immensely grateful.
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25 December 2024 | 5 replies
Co-ops often come with stricter rules, so a condo might be better for short-term ownership.
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26 December 2024 | 9 replies
Doing a short term rental in a separated area that has its own designated, kitchenette and bathroom, would likely give you better returns and less headache.
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25 December 2024 | 4 replies
Mods are built better than most site built.
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26 December 2024 | 8 replies
Now I have sold Smokies properties in the past to 1031 into other investment properties to diversify my portfolio and some are selling for other "better for them investments".
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28 December 2024 | 13 replies
Bank of America’s business credit cards seem better, but I’d need to hit their Preferred Rewards status to reduce fees, which might be challenging.Amex: I like Amex’s reputation and services, but their outgoing wire fees are higher, which is a downside given how many wires I send.My ideal solution would be a business account with minimal wire transfer fees (especially outgoing wires) and a solid business credit card option, preferably with no foreign transaction fees.What would you recommend for someone like me who does a lot of outgoing wires and occasional foreign transactions?
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24 December 2024 | 24 replies
Nothing wrong with partnerships - I have used one to scale way faster than I would have on my own because he brought skills I didn’t have - but if you can do a deal on your own first to get a better understanding of the entire process it may help you identify what you need from a partner and what types of things should be in the operating agreement.As for the operating agreement, be sure you sit down with an experienced attorney who will help go over the dozens of scenarios that may come up and how you would like to handle them.
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25 December 2024 | 60 replies
I hope you do better.
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25 December 2024 | 11 replies
Then, the lease will be up in the summer when the demand is higher to get better returns